Minematic spoke at the Digital Marketing Summit 2015 in Singapore!
Minematic is a provider of personalized marketing communications technology. Based out of Singapore, the company wants to help e-commerce business owners to engage with their individual customers to ultimately optimize their revenue opportunities. With focus on data predictive technology and automation in mind, Minematic not only generates but goes the extra mile to deliver a personalized experience for your customers, completely hassle-free. Customers rave about how Minematic has help them garner triple the industry average response rate.
Read more about us at www.minematic.com or feel free to contact us at wen@minematic.com
2. DIGITAL MARKETING SUMMIT 2015 WWW.DMSUMMIT.ASIA
This is him...
2
ex-Barclays, ex-Oracle
• Worked on regulatory reporting
system to calculate risk on
various kinds of asset
Rishi Gupta
Founder, www.minematic.com
3. DIGITAL MARKETING SUMMIT 2015 WWW.DMSUMMIT.ASIA
This is me
Am Investment Bank – Equity
Research Analyst.
Cradle Fund – Commercialisation
Executive
Pigeonlab – Regional Customer
Manager
TradeGecko – VP of Customer Success
Yuhwen Foong
Senior Business Analyst, Minematic
4. DIGITAL MARKETING SUMMIT 2015 WWW.DMSUMMIT.ASIA
Agenda
4
01
BACKGROUND
02
TODAY
04
SOME TIPS
03
CASE STUDY
New Trends In Email Marketing
7. DIGITAL MARKETING SUMMIT 2015 WWW.DMSUMMIT.ASIA
What is your objective?
7
Increase Market Share
Brand Recognition
Rebranding
Customer Service
Customer Loyalty
10. DIGITAL MARKETING SUMMIT 2015 WWW.DMSUMMIT.ASIA
Why RETENTION IS IMPORTANT?
10
Av. Transaction Value:
New = SGD120
Recurring = SGD190
Cost of acquisition: SGD2.50
Cost of retaining: SGD0.002
11. DIGITAL MARKETING SUMMIT 2015 WWW.DMSUMMIT.ASIA
Why RETENTION IS IMPORTANT?
11
• Opportunity to Upsell
• Opportunity for referral
• Customer Review on
trustedcompany.com or app
stores
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“Email surpassed any other
channel for repeat sales with
30% of transactions by repeat
customers starting with an
email from the retailer”
- Forrester
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“44% of email recipients
made at least ONE
purchase last year based
on a promotional email”
Source: Convince and Convert
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Data requirement
Email address – opt in
Static demographics e.g. age,
gender
Customer lifetime value
Number of purchases
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Few ways to segment
Customer profile
Age Gender Location
Total purchase amount
Number of times purchased
Number of items purchased
Customer value
Customer engagement
Frequency of opening your emails
Clicking on your emails
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Few ways to segment
Product affinity
What kind of products they buy
Any preference for any particular category
Website activity
How many days since last visit
Items added to wish list
Visited a particular page during last session
Do they buy only during sales?
Do they prefer designer products?
Price sensitivity
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Data requirement
Email address – opt in
Onsite behavior
Previous email open/click information
Source of acquisition
Past purchases
Static demographics e.g. age, gender
Customer lifetime value
Number of purchases
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Data requirement
Email address – opt in
Onsite behavior
Previous email open/click information
Source of acquisition
Past purchases
Order/Frequency of purchases
Product catalogue
Onsite behavior
Reaction to previous promos
Static demographics e.g. age, gender
Customer lifetime value
Number of purchases